Frequently Asked Questions »Q: How much of my money should I designate to penny stocks?
A: No more the 10% of your portfolio in a stock at once. Please donít bet you house or rent money trying to make a fast buck.
Q: Why not just ask my financial advisor?
A: We encourage you to talk to your financial advisor before making any trades. Talk to them and see what they have to say.
Q: When do you sell?
A: Since nobody does know where the top is take profit when you see fit. Many penny stocks do double and triple but always take profit.
Q: Where do I buy penny stocks?
A: Most online brokers allow you to purchase penny stocks.
Q: What stock broker should I use?
A: There are many different brokers to choose from. When choosing a broker you should look at the platforms each one uses and what they provide for you. If you make enough trades they might provide free level 2, free news, or even lower commission fees.
Q: Why should I buy Penny Stocks?
A: Penny stocks have many advantages over many other investments, and have been growing in popularity. Many of these small undiscovered companies can provide a huge upside to the investor who is in early.
Penny Stocks are not for everyone, but we try to inform our members of the ones that look ready to run to maximize profit and minimize risk. You will have you up and downs in the market just like anyone else. Hopefully we at Penny Stock Players can help you hit some big ones and make your time in the penny stock market fun.